British Chancellor of the Exchequer John Healy rejected the demands of some senior Labour Party members to raise capital gains tax to the same level as income tax. There are warnings that implementing this tax increase plan will damage Britain's appeal to investors. Earlier, some senior cabinet ministers expressed support for a drastic increase in the capital gains tax, causing unease among some investors. However, four people familiar with the matter said that the British Treasury has no intention of leveling capital gains tax and income tax rates. One of the people familiar with the matter called the proposal “simply ridiculous”; other opinions suggest that the policy would prompt people to change their behavior — choosing to emigrate overseas or delay asset sales, which in turn would cause the Ministry of Finance's tax revenue to fall. Currently, high-income taxpayers in the UK are subject to capital gains tax of 24% on the sale of assets, while income tax can reach up to 45%. The Ministry of Finance is still likely to choose a slight increase in the capital gains tax.

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